“ My Investments of Rs 25000 per month has become Rs 8 crores in 20 years by investing in 4 top mutual fund schemes. I had never dreamt about this figure when I actually started investing in 1997. During the journey, I met PRA Capital Team and he taught me the basic style of SIP investing – choosing the right dates, diversifying among sectors, choosing the contra funds and many more. This has further enhanced my capital now – Thanks you sir for your guidance and unbiased help”
One can generate a big wealth through small but regular savings in SIP (Systematic Investment Plan) .SIP is a method of investing a fixed sum, regularly, in a mutual fund scheme. SIP allows one to buy units on a given date each month, so that one can implement a saving plan for themselves. The biggest advantage of SIP is that one need not time the market. In timing the market, one can miss the larger rally and may stay out while markets were doing well or may enter at a wrong time when either valuation have peaked or markets are on the verge of declining. Rather than timing the market, investing every month will ensure that one is invested at the high and the low, and make the best out of an opportunity that could be tough to predict in advance.